The New Deal

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by whitedragon69
Last updated 5 years ago

Discipline:
Social Studies
Subject:
American History

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The New Deal

1. Relief - Immediate action taken to halt the economies deterioration.2. Recovery - "Pump - Priming" Temporary programs to restart the flow of consumer demand.3. Reform - Permanent programs to avoid another depression and insure citizens against economic disasters.

The New Deal

A. What did Roosevelt mean by relief, recovery and reform?

Congress followed Roosevelt's lead by passing an incredible fifteen separate bills which, together, formed the basis of the New Deal.

Fact

From March 6 to March 10, banking transactions were suspended across the nation except for making change. During this period, Roosevelt presented the new Congress with the EMERGENCY BANKING ACT.

Roosevelt, unlike Hoover, was quick to act. Two days after taking the oath of office, Roosevelt declared a "BANK HOLIDAY."

Between 8 March and 16 June, in what later became known as the "First Hundred Days," Congress followed Roosevelt's lead by passing an incredible fifteen separate bills which, together, formed the basis of the New Deal.

Once in office, FDR set to work immediately. His "New Deal."

The Great Depression FDR and the New Deal


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